Automated Optical Inspection Market Share

  • Report ID: 5527
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Automated Optical Inspection Market Share

APAC Market Forecast

The automated optical inspection market in the Asia Pacific region is expected to hold the largest share of about 32% during the forecast period. The adoption of AOI systems is growing in the region as a means of guaranteeing high-precision inspection and flaw identification, which enhances production procedures and product quality. The AOI system market is set to grow, providing both local and foreign producers with profitable prospects as China maintains its position as the world's manufacturing leader. Additionally, growing disposable income has led to a rise in the demand for cars and consumer electronics in nations like China and India, which has fueled the demand for high-quality electronic components and fueled the market's expansion. China's passenger automobile sector produced over 23.8 million vehicles in 2022.

North American Market Statistics

North America automated optical inspection market is projected to hold 28% of the revenue share by 2037. The growth of the region is due to increased technical innovation and breakthroughs in all of the region's manufacturing industries. Growing consumer desire for smartphones and other smaller, faster, and more compact electronics is another factor propelling this market in this region. With more than 310 million smartphone users as of 2023, the US has one of the largest smartphone markets in the world.

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Author Credits:  Abhishek Verma


  • Report ID: 5527
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of automated optical inspection is evaluated at USD 1.35 billion.

Automated Optical Inspection Market size was valued at USD 1.16 billion in 2024 and is expected to exceed USD 13.39 billion by the end of 2037, expanding at over 20.7% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for fast printed circuit boards and growing requirement for AOI systems to examine IC substrates, will drive the market growth.

Asia Pacific industry is likely to dominate majority revenue share of 32% by 2037, impelled by printed circuit board and electronics makers in the region.

The major players in the market are GOPEL Electronic GmbH, KOH YOUNG TECHNOLOGY Inc., MIRTEC CO., LTD., Nordson Corporation, Test Research, Inc., Viscom AG, NVIDIA, MACHINE Vision Products, Marantz Electronics, and others.
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